On Thursday, FAT Brands announced it would purchase retro-diner chain Johnny Rockets for $25 million.
FAT Brands will purchase Johnny Rockets from Sun Capital Partners, Inc. for around $25 million, taking over the diner brand's 325 locations worldwide. FAT Brands CEO Andy Wiederhorn told Business Insider in an interview that the acquisition has been in the works for a while. Here's a look at the history of Johnny Rockets and why FAT Brands believes the chain has enduring appeal.The original Johnny Rockets restaurant on Melrose Avenue in Los Angeles, California.Johnny Rockets was born on June 6, 1986 on Los Angeles' glamorous Melrose Avenue out of a fashion retailer's nostalgia for the malt shops of his childhood.Santa Monica's diners as a child during World War II.
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